Rising prices and smaller cups leave a bitter taste for coffee lovers - The National

Rising prices and smaller cups leave a bitter taste for coffee lovers - The National

Sep 7, 2011

Coffee shops across the Emirates are considering increasing prices or changing the size of their cups, as profits continue to be ground down by the rising price of beans globally.

Video:More money for a cup of coffee

Think your coffee cup is getting smaller? You are not going mad reports Rory Jones

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"It looks like in the next two quarters there will be a price increase because we cannot suffer these costs increases anymore," said Caner Gursoy, operations manager for Brook Foods, the franchisee for Gloria Jeans in the UAE.
Mr Gursoy said the price of Arabica beans had increased at a rate of about 16 per cent every six months for the past three years and that, reluctantly, some of this increase would now have to be passed on to the consumer.
The price of a basket of different coffee beans has risen 35 per cent in the past year, according to the International Coffee Organisation.
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